2-pages Executive Memo Recommendations regarding Starbucks ’ Future Internationalization “A 16 years Internationalization Strategy which led reaching one third of the world ’s countries and two thirds of earth ’s entire population .” March 2012 Consultant : Cyril-André LESAGE Introduction This short memo ’s goal is to provide some strategic advices regarding the future of Starbucks ’ internationalization. The following analysis will be divided in two main parts. First part will focus
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the regression‚ it would be valuable for Starbucks to place emphasis on the sales of prepaid debit cards in regions where a higher income has been documented. 2. The Null Hypothesis: There is no relationship with the number of days spent in starbucks per month (dependent variable)‚ with age‚ income‚ prepaid balance‚ cups of coffee (independent variables) The Alternative Hyphothesis: There is a relationship with the number of days spent in starbucks per month with the independent variables
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THE GLOBALIZATION OF STARBUCKS 1. Where did the original idea for the Starbucks format come from? What lesson for international business can be drawn from this? The original idea for the Starbucks format came from the 1980´s when the company´s director if marketing‚ Howard Schultz‚ came back from a trip to Italy enchanted with the Italian coffeehouse experience‚ the idea was to sell the company´s own premium roasted coffee and freshly brewed espresso-style coffee beverages‚ along with a variety
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Correspondence concerning this article should be addressed to Julio A. Escalante de la Piedra. E-mail: Julio.escalante.p@gmail.com SECTION 1: CULTURAL DIFFERENCES The next table shows three major cultural differences between Starbuck`s home country (USA) VS the host country analyzed (China) and how these differences can represent a problem. (Li Qing‚ 1995) Chinese American Problem Conception of the Self Collectivist: Higher value placed on group cooperation and individual
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Help Us Overthrow the Tall/Short Mafia at Starbucks Coffee by Tom Magliozzi Our New Year’s Resolution this year involves Starbucks Coffee. Now as good as their coffee is‚ they have unnecessarily complicated my life and probably everyone else’s life‚ too. I’m not even going to deal with the fact that they make you choose between a million different kinds of coffee‚ like decaf‚ macchiato‚ Americano‚ skinny‚ ice‚ mocha‚ latte‚ schmatte‚ and all that stuff. We’ll deal with that problem another
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Starbucks Structure MGT330: Management for Organizations (CYD1419B) Instructor: Beth P Starbucks Barista: Entry Level We are looking for a Barista/ Bar Person. Someone who loves the morning and loves coffee to come join our wake up team! Key Duties & Responsibilities: First duty of Barista is to greet all patrons with a smile. Must be able to count money at a fast pace. Balance drawer coming in and leaving for the day. Keep kitchen and coffee ware clean and
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The Times 100 Business case studies ‘Creating a winning marketing mix’. Available from www.thetimes100.co.uk The article discusses how JD sports‚ the Britain’s leading sportswear retailer uses the ‘4Ps’ to outgrow itself. 4Ps includes ‘product’‚ a good or service’s function and feature. JD works with suppliers worldwide to create their own-brand products. ‘Price’ can be the money that costs to manufacture or create the products. It can also be the profit that products bring. JD buys a large
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Starbucks Case Study History of the company The story of Starbucks started in 1971 when 3 friends who like fresh coffee decided to open a coffee shop where they selled fresh roasted‚ gourmet coffee beans and brewing and roasting accessories. But things changed from the 80s when Schultz is hired as head of marketing. He revolutionated the company’s concept and by the way its future. After a trip to Italy‚ where he was amazed by the special atmosphere in coffee houses. Then he convinced
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I. What is Starbucks? 1. Started in 1971 2. The largest retail coffee company in the world 3. An icon of globalization 4. Global hub that connects some of the poorest countries in the world with some of the wealthiest II. Efforts of Starbucks in environmental protection 1. Environmental Stewardship 1.) Started working with the U.S. Green Building Council (USGBC) since 2001 2.) Began to build 75% of all new company-owned stores to be certified under the LEED® green building standard in 2011
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Question 1 Overall‚ Starbucks’ performance has been mixed over the past six months. On April 13‚ 2012‚ its stock price reached a high of $61.67 per share and closed at $57.37 per share. Since April‚ the price of Starbucks’ stock fell on average in the following closing months of May and June before reaching a low of $43.16 in the opening days of August. The fall was correlated with the release of Starbucks’ third quarter annual report‚ which showed a less-than-expected performance for that quarter;
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